Author Topic: Roth IRA vs IRA  (Read 1781 times)

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Offline StarmanMBA

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Re: Roth IRA vs IRA
« Reply #15 on: December 16, 2020, 11:05:33 AM »

However, when you are retired, you technically won’t be working.  Thus, you should be at a lower tax bracket than when you are working.  So isn’t a IRA better?  You get taxed at a lower bracket when you start withdrawing in your 60-70s. And it gets to grow faster because you don’t pay taxes when you contribute to it like you do with a Roth IRA.  Thoughts?

Very many discussions suggest an "either/or" choice which may not be appropriate.  I opened both SEP/IRA and ROTH IRAs long ago.  The former allowed me to defer income taxes when I was making six figures and the latter gave me income that can grow enormously without ever having to pay any more taxes on that account or any withdrawals.  In addition, I have a family trust account, so "I got that goin' for me."

I made two fortunes and I still have one.
"There are only two kinds of people, decent and indecent." - Elie Wiesel

« Reply #3 on: April 30, 2018, 01:29:58 pm »
qwerty
Hey StarmanMBA - go fuck yourself :-)

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Offline eyephone

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Re: Roth IRA vs IRA
« Reply #16 on: December 16, 2020, 11:42:42 AM »
Ok his story does not help anyone.

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Offline Irvinecommuter

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Re: Roth IRA vs IRA
« Reply #17 on: December 16, 2020, 11:59:38 AM »
Ok his story does not help anyone.

Did you hear the one about how Trump came from nothing except a million dollar loan from his dad and then him inheriting his dad's real estate business?

A modern day Horatio Alger

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Offline StarmanMBA

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Re: Roth IRA vs IRA
« Reply #18 on: December 20, 2020, 02:27:44 PM »
Did you hear about the Hollywood Leftist who inherited $600 million from his grandfather and then blew it all before jumping from his penthouse in Century City, 21 stories up?

California tear jerker.
"There are only two kinds of people, decent and indecent." - Elie Wiesel

« Reply #3 on: April 30, 2018, 01:29:58 pm »
qwerty
Hey StarmanMBA - go fuck yourself :-)

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Offline eyephone

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Re: Roth IRA vs IRA
« Reply #19 on: December 20, 2020, 03:13:42 PM »
Did you hear about the Hollywood Leftist who inherited $600 million from his grandfather and then blew it all before jumping from his penthouse in Century City, 21 stories up?

California tear jerker.

Did you hear Donald Trump inherited property from his father?
Another double standard. It is not okay if a Democrat inherits property. But it is perfect and good strategy if a Republican inherits property.

(It is too easy replying to his messages. Please give me a challenge. it is getting kind of boring
« Last Edit: December 21, 2020, 08:49:23 AM by eyephone »

Offline StarmanMBA

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Re: Roth IRA vs IRA
« Reply #20 on: December 21, 2020, 08:34:53 AM »
Stop sniffing my underwear, lad.  I don't see anything you write as you stalk and try unsuccessfully to harass me with your inane blather.

http://DemocratInsanity.blogspot.com



Re: Roth IRA vs IRA
eyephone   « Reply #19 on: Yesterday at 03:13:42 PM »
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"There are only two kinds of people, decent and indecent." - Elie Wiesel

« Reply #3 on: April 30, 2018, 01:29:58 pm »
qwerty
Hey StarmanMBA - go fuck yourself :-)

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Burn That Belly, id_rather_be_racing, misme, eyephone, fortune11, spootieho, CompressedVillage

 

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